MKM Partners analyst William Kirk reiterated a Hold rating on Costco on Friday, setting a price target of $343, which is approximately 7.99% below the present share price of $372.79.
Kirk expects Costco to post earnings per share (EPS) of $3.14 for the fourth quarter of 2020.
The current consensus among 19 TipRanks analysts is for a Strong Buy rating of shares in Costco, with an average price target of $397.94.
The analysts price targets range from a high of $435 to a low of $343.
In its latest earnings report, released on 08/31/2020, the company reported a quarterly revenue of $53.38 billion and a net profit of $1.93 billion. The company's market cap is $164.77 billion.
According to TipRanks.com, MKM Partners analyst William Kirk is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.2% and a 42.86% success rate.
Costco Wholesale Corp (NASDAQ:COST). engages in the operation of membership warehouses. Its product categories include food and sundries, hardlines, fresh foods, softlines, and ancillary. It operates through the following segments: Unites States Operations, Canadian Operations, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.